SunTrust Bank Building

Retail-Commercial for Sale
Catylist Listing ID: 30571796
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 5,306 SF
Gross Land Area: 1.72 SF
Sale Price: $1,995,000
Unit Price: $375.99 PSF
Ceiling: 16 ft.
Property Use Type: Vacant/Owner-User
Building Name: SunTrust Bank
Usable Size (USF): 5,306 SF
Sale Terms: Cash to Seller
Last Updated: 9/30/2020

Overview / Comments

The subject investment/owner user property is situated on the hard corner of South Tamiami Trail and Blackburn Point Rd. Blackburn Point Rd. intersects with Old Venice Rd. The average daily traffic count exceeding 35,500 vehicles respectively. There are more than 91,000 individuals residing within a seven-mile radius of this SunTrust Bank Building and more than 42,000 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of many national and local tenants, shopping centers, and universities all within close proximity of this property. Major national tenants include: Walmart, Publix, CVS, Shell, Ace Hardware, Dollar Tree, and Dunkin among others. This property is within a five mile radius of many first and secondary schools including Top rated Pine View School for the gifted. The subject property is located within a mile from the Gulf of Mexico along Hwy 41 Tamiami This is the entrance to Casey Key. The subject property is located in Osprey, Florida its a census-designated place in Sarasota County, Florida, United States. It is part of the Bradenton–Sarasota–Venice Metropolitan Statistical Area.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0157010007
Zoning: CG - COMMERCIAL GENERAL
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Located at the corner of South Tamiami Trail and Blackburn Point Rd across from Old Venice Rd. This is a key location next to The Shopes at Casey Key.
Property Visibility: Excellent
Largest Nearby Street: US-41
Feet of Frontage: 285
Traffic/Vehicle Count: 35,500
Highway Access: US-41
Airports: SRQ
Site Description: The subject investment/owner user property is situated on the hard corner of South Tamiami Trail and Blackburn Point Rd. Blackburn Point Rd intersects with Old Venice Rd. The average daily traffic count exceeding 35,500 vehicles respectively. There are more than 91,000 individuals residing within a seven-mile radius of this SunTrust Bank Building and more than 42,000 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of many national and local tenants, shopping centers, and universities all within close proximity of this property. Major national tenants include: Walmart, Publix, CVS, Shell, Ace Hardware, Dollar Tree, and Dunkin among others. This property is within a five mile radius of many first and secondary schools including Top rated Pine View School for the gifted. The subject property is located within a mile from the Gulf of Mexico along Hwy 41 Tamiami This is the entrance to Casey Key. The subject property is located in Osprey, Florida its a census-designated place in Sarasota County, Florida, United States. It is part of the Bradenton–Sarasota–Venice Metropolitan Statistical Area.
Area Description: Osprey is a beloved community in Sarasota County, Florida. Tranquil scenery, friendly neighbors, diverse real estate choices (from multimillion-dollar estates to homes sprinkled along the Intracoastal Waterway), and desirable communities (including Southbay Yacht & Racquet Club) contribute to this community's sought-after lifestyle. Discover the amenities such as sugar sand beaches, ponds, lakes, preserves, pristine golf courses and Legacy Trail for bikers and walkers.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1975
Year Renovated: 1990
Total Parking Spaces: 35
Parking Type: Surface
Lot Frontage: 285
Lot Depth: 272

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,291 25,221 47,763
Median Age: 57.38 61.69 60.47
Households: 2,897 12,680 24,546
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